The Arab-Brazilian Chamber of Commerce organized a booth with Arab and Brazilian companies at the Abu Dhabi International Food Exhibition in the capital of the United Arab Emirates.
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BRF Arabia Holding Company has purchased a stake in a Saudi chicken processor for USD 84.3 million. The company says it is establishing itself as a partner in the Arab country’s food security.
Company has expanded its production of dry and wet pet food to cater to both the domestic and international market, the latter accounting for 10% of its business. Exports reach Arab countries.
The Brazilian company joined the Ishraq Program, which aims to build a qualified workforce for the food and beverage industry among Emirati citizens.
SALIC and Marfrig committed to buying 500 million new BRF shares, resulting in a capital injection of BRL 4.5 billion (about USD 889.67 million).
Brazilian food processor got new and renewed approvals to sell to the Iraqi market. Most clearances were related to chicken, but some units will also be able to ship turkey and breaded products.
In addition to expanding to new markets, companies have sought to establish points of sale or plants in the Arab countries. Examples of this are BRF and Tropicool, brands participating with the Arab Brazilian Chamber in Gulfood 2022.
This Sunday (13), the country opened its pavilion at the Middle East’s most significant food industry show. Apex-Brasil expects to generate over USD 415 million in business. The Arab Brazilian Chamber is participating with two spaces.
Brazilian companies that will participate in Gulfood, a food industry show starting this Sunday (13), will find a promising local market and possibilities to use the UAE as a re-export hub.
Brazilian company announced the signing of a memorandum of understanding with Saudi Arabia’s Public Investment Fund to create a joint venture in the Gulf country.
Farm-to-table processes and environmental, social and governance practices must be transparent, well documented and communicated.
The companies BRF, Seara, and Marfrig, are working to ensure full traceability and sustainability for the halal market.
In a mission to the city of São Paulo, Wael Aboumagd met with the state’s governor and representatives of companies in sectors ranging from pharmaceuticals to tourism and meat. “We can do better,” said the diplomat about the desire to boost business between Brazil and Egypt.
The output in banned Brazilian plants accounts for 65% of the halal poultry exports from the country to Saudi Arabia. The Arab Brazilian Chamber reported it’ll collaborate in talks to reestablish the supply to the largest economy of the League of Arab States.